Location

Garrison’s Tsaagaan Staiur Project (“TSR Project”) lies about 550 km southwest of Ulaanbaatar in the Bayankhongor Province. Garrison has entered into an agreement with Asia Intercept Mining to transfer an exploration license to wholly owned subsidiary Garrison Asia LLC. The 4 km2 license covers a series of gold mineralized quartz veins in the Steppe country of south-central Mongolia.  

Geology

The TSR project lies within a gold mineralized system. In addition to surface geochemical anomalies showing strong gold mineralization,
local “Ninja” miners have exploited the gold veins within the mining license to a maximum of 15 meters depth using hand mining methods. The Tsagan Tsahir Chinese-Mongolian JV mine, which lies just south of Garrison’s land position, is producing gold from narrow high-grade quartz veins similar to those mapped throughout Garrison’s license. Further testament to a gold mineralized system is a long history of local alluvial gold production from river gravels derived from this area.  

With the exception of the “Main Vein”, veins at TSR are typically several cm up to 50 cm in thickness at the surface, traceable for several kilometers and may, based on local mining patterns, increase in width with depth. The veins are composed of milky to blue and grayish quartz with local millimeter-sized oxidized and leached voids left by weathered sulphides. Thin micaecous selveges of muscovite, chlorite and sericite, occur along vein boundaries. Fifteen distinct veins have been mapped by exposure in outcrops and surface pits throughout the mining license. Samples of these veins contain in excess of 3 g/t gold.  

The “Main Vein” forms a high, northwest-trending ridge in the center of the project area. This vein is over 10 meters wide and is composed of milky-white quartz, with rusty stains along some fractures. This vein contains anomalous gold, and is the focus of exploration for a large, low-grade, bulk mineable gold deposit at TSR.  

Exploration Plan

Garrison plans to augment surface mapping of gold-bearing veins with a regional IP program in early 2007. Geochemical samples of veins will also
be sampled to corroborate their gold content as measured by previous reconnaissance-scale exploration efforts on the property. The most promising veins will then be drilled to test the lateral and vertical extent of gold mineralization. 

Cautionary Statement

The property information above was largely summarized from independent reports generated by Greg Collins B Sc., a Qualified Person under Canadian National Instrument 43-101 for the Corporation. This summary information should only be read in conjunction with and is qualified in its entirety by the more complete information contained in those reports which are available by request from Garrison International.